I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have

If life ever ceased to be an educational experience. I probably wouldn't get out of bed in the morning.

And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control.

You can not have significance in this life if it is all about you. You get your significance, you find your joy in life through service and sacrifice - it's pure and simple.

There's such an emphasis on making money that we've really taken the humanity out of business.

We have ripped the humanity out of our companies. It's threatening the very underpinnings of our society.

That cotton trade was almost the deal breaker for me. It was at that point that I said, “Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?